I will sell most of my bitcoins before your stated scenario happens. I am not a die hard fan, do not flame me for it

I see bitcoin as a payment system, like my credit card. If the credit card company is closing down. What will you do with the cashback money on the card? Spend it surely.

i see it as the same. people who think btc will replace currency are just crazy. as of now, i see bitcoin, at least for me, as a lottery ticket. if i win, i win big.. if i lose, then i just lose.[/quote]

To me bitcoin is more of a powerful network and payment protocol rather that a currency. It a long way to come until there is technology in place to help it replace FIAT

Ok, let's assume that the following scenario is actually possible, I would like to know how you feel when all these thing happen at the same time:

Bitcoin is under a 66% attack (double spends are happening)Is also banned by the US, Russian, EU and China government by threat of 30 years jail time.The real satoshi (proven by something) is found dead, killed.

If the top two things happened at the same time, I think it would be safe to say that it is time to sell lol. No matter how much you want to support BTC, it is parachute time if you are heavily invested...

Ok, let's assume that the following scenario is actually possible, I would like to know how you feel when all these thing happen at the same time:

Bitcoin is under a 66% attack (double spends are happening)Is also banned by the US, Russian, EU and China government by threat of 30 years jail time.The real satoshi (proven by something) is found dead, killed.

Uh, you mean 51% attack?

No actually 66,6% attack

Whats the difference between a 51% attack and 66.6% attack?

15,6%

I would just hold cause what I've invested into BTC is what I could afford to loose

I will never convert btc to fiat. I am more interested in the philosophical ideas behind it than as a speculative asset so if the good ship BTC goes down I will be on the deck as it slips beneath the waves.

If all of those things are happening, then things have frankly gotten out of hand.

With the double-spend issue, unless it's reconciled in some fashion, it's hard to make a case for continuing on.

As for the prison issue, the moment that owning BTC becomes a more severe crime than killing a family of 5 due to intoxication, something is terribly wrong with the system and likely all hell has broken loose.

Admittedly, the death of Satoshi shouldn't factor too much into the decision. After all, like I said the prison thing kinda implies a canon of zeal and possibly anarchy.

Actually good point! If all those things happen, THEN is the time that BTC was made for!

so far almost 70% of the people who voted would hold their coins, even if it were under a 51%+ attack. i think i'm calling bullshit. the truth is that people care about their own wealth more than they do the development of bitcoin. not that there's anything wrong with that.

so far almost 70% of the people who voted would hold their coins, even if it were under a 51%+ attack. i think i'm calling bullshit. the truth is that people care about their own wealth more than they do the development of bitcoin. not that there's anything wrong with that.

The "problem" is, most people have a large amount of BTC in cold storage which is not easy to access.My largest stack is also very unaccessible. That means that I'm always too late to sell for a reasonable price.And also I invested not more than I'm willing to loose 100%.For me it is a binary bet, zero or (close to) infinite value.I'm already more than happy to be involved in this experiment.The money I've spend could not buy me more happiness and excitement for such a long time.

Ok, let's assume that the following scenario is actually possible, I would like to know how you feel when all these thing happen at the same time:

Bitcoin is under a 66% attack (double spends are happening)Is also banned by the US, Russian, EU and China government by threat of 30 years jail time.The real satoshi (proven by something) is found dead, killed.

so far almost 70% of the people who voted would hold their coins, even if it were under a 51%+ attack. i think i'm calling bullshit. the truth is that people care about their own wealth more than they do the development of bitcoin. not that there's anything wrong with that.

The nice thing about open source communities is the human connections and communication. No social technologies are flawless where people are concerned. While Bitcoin is mostly a trustless system, it is not completely independent from the trusted people that work hard to continuously improve its service. With Bitcoin, you are not investing in a corporation owned by nameless stockholders, you are investing in a revolution whose stockholders are the people that believe that the smartest people can outsmart greedy people. Even if greedy people think they can outsmart some of us, smart people tend to stick together and do what is right for the greater good.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.